
Thursday, May 02, 2024 6:47:35 PM
The weird thing is they raised the A/S to 2 billion. Which, everyone knows in OTC land what that means and what is coming. They never maxed it out. In fact, they didnt do anything at all. No updates, no pump, no nothing. Its a shame because I could have been handed all those leases and turned them around and got cash flow coming in without doing much damage to the share structure. Probably would have had to plug some wells cut some liability and do a lot of workovers which I thought they were beginning to do.
Must have been something messed up behind the scenes. Internal disagreements on contracts or how things should go. Oh well....another one bites the dust.
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